Re:Proof of work is temporarily illegal in New York
by polygamous_bat on Thursday November 24, 2022 @10:35AM
(#33732489)
What is the service that you are providing? Because whatever field I am in, being unable to provide a customer a refund is a large no-no.
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Re:Proof of work is temporarily illegal in New York
by mcherm on Thursday November 24, 2022 @10:45AM
(#33732616)
The irreversibility of payments in nearly all crypto systems does NOT prevent providing a refund to a customer. That can always be done by making a new payment to the customer.
One might argue that crypto makes customers unable to demand a refund, or that it is impossible to send a refund to a customer who is so anonymous that the merchant cannot even communicate with them, but these are less obviously a "no-no" for a business.